Aberdeen's Kaloo: Five big questions for EM investors

Devan Kaloo (pictured), head of global emerging markets at Aberdeen Asset Management, gives his views on major global talking points.

How exposed are the emerging markets to the UK and Europe? In an historic referendum in June, the British electorate voted for a future outside the European Union. Global markets have recovered since the initial shock, but the vote adds to an increasing sense of political and economic uncertainty. As a general rule, the emerging markets are less exposed to the UK and Europe than other asset classes. For example, less than 20% of emerging market exports go to the UK and Europe. That said, this number is closer to 40% for the economies of Eastern Europe. Latin American economies are leas...